Project Grant SBAHQ25Y0090
- The U.S. Small Business Administration (SBA) awarded a $375,704 Project Grant under the Microloan Program (CFDA 59.046) to the South Eastern Economic Development Corporation (SEED Corp), a non-profit community development corporation in Taunton, Massachusetts. The funding will enable SEED Corp, a Community Development Financial Institution (CDFI), to provide microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and...
- The Small Business Administration (SBA) Microloan Program, identified by CFDA Number 59.046, awarded a $453,047 Formula Grant to the South Eastern Economic Development Corporation (SEED Corp), a non-profit community development corporation located in Taunton, Massachusetts. This grant funding enables SEED Corp to provide direct microloans under $50,000 to start-up, newly established, and growing small business concerns, particularly women, low-income, and minority entrepreneurs. The grant also...
- The South Eastern Economic Development Corporation received a $547,974 Formula Grant award from the Small Business Administration under the Microloan Program (CFDA #59.046) to provide microloans and business assistance services to small businesses from July 2021 to June 2022. As part of the Microloan Program, the Corporation will use the funding to offer direct loans of $50,000 or less to eligible small businesses and entrepreneurs in Taunton, Massachusetts. In addition, the Corporation will...
- The Small Business Administration (SBA) awarded $357,935 under the Microloan Program (CFDA #59.046) to Southeast Community Capital Corporation for the period of July 1, 2022 to June 30, 2023. Under this Formula Grant, Southeast Community Capital will provide microloans and business training/technical assistance to small businesses and entrepreneurs in economically disadvantaged areas through the SBA's Microloan Program. The Microloan Program aims to expand access to credit for small business...
- Federal Project Grant Award Summary Coastal Enterprises, Inc. (CEI), a community development financial institution (CDFI) based in Brunswick, Maine, received a $266,180 Project Grant from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025, through June 30, 2026. As an intermediary lender, CEI will utilize these funds to provide microloans up to $50,000 to startup, newly established, and growing small businesses...
- Federal Project Grant Award Summary Community Concepts Finance Corporation received a $167,024 Project Grant from the U.S. Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) for the period of July 1, 2025 through June 30, 2026. Through this award, the organization serves as an intermediary lender to provide short-term, fixed-rate microloans up to $50,000 to startup, newly established, and growing small business concerns in Maine. The microloans...
- The U.S. Small Business Administration (SBA) awarded a $250,000 Project Grant under the Program for Investment in Microentrepreneurs (CFDA 59.050) to Southeast Community Capital Corporation, a non-profit community development corporation, to provide technical assistance services. The award will support the delivery of training, business coaching, financial literacy education, and other capacity-building services to disadvantaged entrepreneurs and microenterprise development organizations over...
- The Small Business Administration awarded $191,164.33 under the Microloan Program (CFDA #59.046) to Southeast Community Capital Corporation for the period of July 1, 2021 through June 7, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. As the sub-awardee, Southeast Community Capital will utilize the funding to provide microloans...
- This Project Grant award of $361,513.00 from the Small Business Administration (SBA) Microloan Program (CFDA 59.046) was provided to Coastal Enterprises, Inc. (CEI), a non-profit community development financial institution (CDFI) in Brunswick, Maine. The award will fund CEI's delivery of microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. Through this award, CEI...
- Federal Grant Award Summary Southeast Kentucky Economic Development Corporation received a $243,372 Project Grant from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025 through June 30, 2026. As an intermediary lender and Community Development Financial Institution (CDFI), the organization utilizes this funding to provide microloans up to $50,000 to startup, newly established, and growing small business concerns...
Federal Project Grant Summary South Eastern Economic Development Corporation (SEED Corp) received a $390,226 Project Grant from the U.S. Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025, through June 30, 2026. As a Community Development Financial Institution (CDFI) based in Taunton, Massachusetts, SEED Corp will utilize this funding to provide microloans up to $50,000 to startup, newly established, and growing small business concerns across southeastern Massachusetts, with particular focus on supporting women, minority, and low-income entrepreneurs. Microloans are designated exclusively for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to direct microloan origination, SEED Corp will deliver marketing, management, and technical assistance services to prospective and current microborrowers through this award. These services strengthen the organization's capacity to serve underserved populations and small businesses that lack adequate access to traditional credit sources, consistent with the Microloan Program's objective to assist entrepreneurs and small business concerns in areas suffering from credit deficiency due to economic challenges.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $390.2k | 9/19/25 |